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The Major Differences and Similarities Between PERT and CPM

PERT uses three estimates of activity duration to determine probabilistic durations, as it is suited for uncertain research projects performed for the first time. CPM uses a single estimate of duration per activity and allows for explicit time and cost estimates, making it best for routine projects where durations can be accurately calculated. While PERT incorporates probability into durations, CPM provides generally accurate and realistic deterministic durations and cost control.

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Rahul Saxena
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3K views

The Major Differences and Similarities Between PERT and CPM

PERT uses three estimates of activity duration to determine probabilistic durations, as it is suited for uncertain research projects performed for the first time. CPM uses a single estimate of duration per activity and allows for explicit time and cost estimates, making it best for routine projects where durations can be accurately calculated. While PERT incorporates probability into durations, CPM provides generally accurate and realistic deterministic durations and cost control.

Uploaded by

Rahul Saxena
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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The Major Differences and Similarities between PERT and

CPM

PERT(Program Evaluation and Review Technique) | CPM (Critical Path Method)


_____________________________________ | ______________________________________
1)PERT is a probabilistic tool used with three 1)CPM is a deterministic tool, with only single
Estimating the duration for completion of estimate of duration.
activities.
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_

2)This tool is basically a tool for planning 2)CPM also allows and explicit estimate of
and control of time. costs in addition to time, therefore CPM can
control both time and cost.
______________________________________________________________________________
_
3)PERT is more suitable for R&D related 3)CPM is best suited for routine and those
projects where the project is performed for projects where time and cost estimates can
the first time and the estimate of duration be accurately calculated.
are uncertain.
______________________________________________________________________________
_

4)The probability factor i major in PERT 4)The deterministic factor is more so values or
so outcomes may not be exact. outcomes are generally accurate and
realistic.

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